American International Group (AIG)
NYSE:AIG
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Earnings Data
Report Date
Aug 10, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.95Last Year’s EPS
1.81Same Quarter Last Year
Moderate Buy
Based on 15 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive performance: strong top-line premium growth, substantial underwriting improvement, sizable earnings and ROE gains, meaningful capital returns, and clear early benefits from AI deployments. These positives were tempered by targeted challenges in U.S. large account Property pricing, softness in select lines (Financial Lines, Global Specialty), underperformance in alternative investments and Other Operations, and the need to manage portfolio mix. Management articulated disciplined underwriting, active reinsurance management, continued capital flexibility (including planned Corebridge exit) and measurable AI productivity gains, which support confidence in forward execution despite market headwinds.Company Guidance
Strong Overall Financial Performance
Adjusted pretax income of $1.5 billion, up 65% year-over-year; adjusted after-tax income per diluted share of $2.11, up 80% year-over-year; core operating ROE of 12.2%.
Underwriting and Profitability Improvement
Underwriting income more than tripled to $774 million year-over-year; accident year underwriting income (adjusted for catastrophes) rose 17%; General Insurance accident year combined ratio as adjusted improved 120 basis points to 86.6%.
Premium Growth
General Insurance net premiums written increased 18% year-over-year on a constant dollar basis ($5.6 billion NWP); Global Commercial Insurance NWP +21% YoY; Global Personal Insurance NWP +11% YoY. General Insurance gross premiums written of $10 billion (constant dollar) up 7% YoY; net premiums earned $6.1 billion, up 5% YoY.
Material Improvement in Global Personal Insurance
Global Personal Insurance expense ratio decreased by 410 basis points; accident year combined ratio as adjusted improved 570 basis points to 89.9%; calendar year combined ratio improved to 89.4% from 107.9% the prior year.
Expense Discipline
General Insurance expense ratio improved 120 basis points to 29.3%, reflecting operating leverage and continued cost control initiatives.
Capital Returns and Shareholder Actions
Returned $760 million of capital to shareholders in the quarter ($519 million share repurchases and $241 million dividends); Board approved an 11% increase in the quarterly dividend to $0.50 per share starting Q2 2026; total debt to total adjusted capital ratio was 17.7% at quarter end.
Balance Sheet / Book Value Strength
Book value per share of $75.82, up 6% year-over-year; adjusted tangible book value per share $70.85, up 4% YoY.
Favorable Prior-Year Development and Manageable Cat Losses
Favorable prior-year development net of reinsurance of $132 million (including $127 million favorable loss reserve development); total catastrophe losses for the quarter approximately $180 million, primarily winter storms.
Improved Investment Income
General Insurance net investment income of $864 million, up 17% YoY; annualized yield on core fixed income 4.61%, a 51 basis point improvement versus prior year as management reinvested at higher yields.
Successful Strategic Transactions and Reinsurance Positioning
Conversion and integration of Everest portfolio progressing well with strong retention; Global Commercial new business of $1.6 billion (including Everest renewals), up 42% YoY; favorable January 1 reinsurance renewals delivered meaningful savings and supported NWP growth.
AI and Digital Progress with Measurable Underwriting Benefits
AIG Assist deployed across 8 lines of business; in Lexington middle market property, AIG Assist delivered a ~30% improvement in quoting more submissions, reduced time to quote by 55%, and increased binding of submissions by ~40%; agentic AI pilot results (Claude alignment example) showed 88% agreement with a professional claims adjuster on fraud assessments in a 100-claim evaluation.
Strong Retention Metrics
Global Commercial retention remained strong at 88% (North America Commercial 88%; International Commercial 89%), supporting stable client relationships during the renewal cycle.
AIG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AIG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $74.80 | $78.77 | +5.31% |
Feb 10, 2026 | $74.56 | $77.98 | +4.59% |
Nov 04, 2025 | $79.82 | $75.48 | -5.44% |
Aug 06, 2025 | $77.73 | $75.31 | -3.11% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does American International Group (AIG) report earnings?
American International Group (AIG) is schdueled to report earning on Aug 10, 2026, After Close (Confirmed).
What is American International Group (AIG) earnings time?
American International Group (AIG) earnings time is at Aug 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AIG EPS forecast?
AIG EPS forecast for the fiscal quarter 2026 (Q2) is 1.95.